Lawrence Technological University

Southfield, Michigan


Costs to Attend Lawrence Technological University

Are you interested in applying to Lawrence Technological University yet wondering how much it costs or if you can afford to attend? Use our comprehensive price data and loan calculation tools to assist in determining if this school makes financial sense for you and your intended major of study.

Annual Cost

  • Total One Academic Year Cost
  • All Residents: $38,219
  • Cost Itemization
  • Tution for all Residents: $27,300
  • Room and Board or estimated off campus living expense: $8,987
  • Books and Supplies: $1,362
  • Other Fees: $570

The cost per year to attend Lawrence Technological University is $38,219 for the 2012/2013 academic year. How much may your student loan payments be and can you afford to attend? If you are interested in learning more, request additional information to be sent to you from Lawrence Technological University

All price data are reprinted from the U.S. Department of Education's 2012-2013 and 2011-2012 IPEDS Survey and represent reported costs for the 2012-2013 and 2011-2012 academic years. Please consult the school directly for the most up to date price information.

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Estimated 4 Year Cost at Current Tuition

At current published tuition rates, the estimated total tuition and living expense cost of a 4 year bachelor's degree at Lawrence Technological University is $152,876 for students graduating in normal time. Our methodology for estimating the 4 year cost is a multiple of the most recent reported annual cost and does not factor in tuition increases.

  • 4 Year Total Cost (tuition and living expenses): $152,876

Estimated Cost Per Semester

  • Michigan Residents Total Cost Per Semester: $19,110

Average Net Price and Financial Aid

  • Average Annual Net Price: $23,415*
  • Estimated Average 4 Year Degree Cost: $93,660**
  • Percent of Students Receiving Grant Aid: 51%
  • Average Annual Total Grant Aid Amount: $9,473
  • Percent of Students Receiving Pell Grants: 20%
  • Average Amount of Pell Grant Aid: $3,767
  • Percent of Students Receiving Federal Student Loans: 35%
  • Average Amount of Federal Student Loan Aid: $8,315

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

For Profit / Not For Profit Status

Lawrence Technological University is a not for profit institution.

Example Student Loan Payments and Costs

How much are estimated student loan payments for Lawrence Technological University? Below are the costs for an example student loan if you borrowed $93,660, our estimated average net price for a four year degree. Note that this calculation assumes you are part of the reported 51% of students at this school who receive financial aid and you are paying an average annual net price of $23,415. If you do not financially qualify for a reduced net price, your student loan payments may be significantly higher than this example. Use our Lawrence Technological University student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

  • Monthly Payment: $942.04
  • Amount Borrowed: $93,660.00
  • Interest Rate: 3.9%
  • Term: 10 years
  • Number of Monthly Payments: 120
  • Total Interest Cost: $19,385.12
  • Total of All Payments of 10 years: $113,045.12

Loan Affordability & Salary

Can I afford to attend Lawrence Technological University? To keep student loan payments affordable, it is recommended not to borrow more than you can pay back using 10% of your monthly income. When planning how to afford Lawrence Technological University, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using these parameters, a salary of $113,045.12 is recommended to afford a $942.04 monthly payment in the example loan modeled above. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Lawrence Technological University in the future? In the past five years, this school's published in-state tuition and fee total rose from $15,363 to $26,278. This amounts to an average annual price increase of 14.2%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you can expect to pay for a 4 year degree at this school assuming tuition increases along at the national average rate. Estimated future prices are based on the current 4 year cost of $152,876.00. Use our college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Lawrence Technological University.

  • Estimated Cost in 5 years for students enrolling in 2019 - Annual: $52,560, 4 Year Degree: $210,240
  • Estimated Cost in 10 years for students enrolling in 2024 - Annual: $67,081, 4 Year Degree: $268,326
  • Estimated Cost in 15 years for students enrolling in 2029 - Annual: $85,615, 4 Year Degree: $342,459
  • Estimated Cost in 18 years for students enrolling in 2032 - Annual: $99,110, 4 Year Degree: $396,439

Cost Per Credit Hour and Cost Per Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Lawrence Technological University are as follows.

  • Price per credit hour: $859
  • Cost for one class (3 credit hours): $2,577
  • Cost for one class (4 credit hours): $3,436

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Tuition History

What was tuition at Lawrence Technological University for the past five, ten, fifteen or twenty years? Looking at historical tuition increase rates may provide an indication as to expected increases in the future. Historical tuition and fees for all available data years back to 1987 follows.

  • 2010 - $23,008 Tuition and Fees. 4.7% Annual Increase
  • 2009 - $21,979 Tuition and Fees. 7.2% Annual Increase
  • 2008 - $20,496 Tuition and Fees. 30.7% Annual Increase
  • 2007 - $15,683 Tuition and Fees. 6.9% Annual Increase
  • 2006 - $14,664 Tuition and Fees. 5.7% Annual Increase
  • 2005 - $13,876 Tuition and Fees. 12.4% Annual Increase
  • 2004 - $12,346 Tuition and Fees. 10.2% Annual Increase
  • 2003 - $11,203 Tuition and Fees. 5.3% Annual Increase
  • 2002 - $10,642 Tuition and Fees. 19.7% Annual Increase
  • 2001 - $8,890 Tuition and Fees. 4.5% Annual Increase
  • 2000 - $8,504 Tuition and Fees. -9.5% Annual Increase
  • 1999 - $9,400 Tuition and Fees. 0.4% Annual Increase
  • 1998 - $9,360 Tuition and Fees. 6.5% Annual Increase
  • 1997 - $8,790 Tuition and Fees. 7.7% Annual Increase
  • 1996 - $8,160 Tuition and Fees. 31.6% Annual Increase
  • 1995 - $6,200 Tuition and Fees. 0% Annual Increase
  • 1988 - $3,315 Tuition and Fees. 14.3% Annual Increase
  • 1987 - $2,900 Tuition and Fees.

Cost for Popular Majors

Below are the most popular undergraduate areas of study at Lawrence Technological University ranked by degrees conferred during the 2010/2011 academic year along with their estimated total program cost. Please consult the school's website for further information as actual costs for specific program may vary. Price estimates assume graduation in normal time. Our methodology for estimating these costs is a two or four year multiple of the current one year tuition and living cost of $38,219. Associates degrees are assumed to be completed in two years and bachelors degrees are assumed to take four years.

Area of Study Graduates Estimated Degree + Living Expense Cost
Architecture Bachelor's Degree 124 $152,876
4 year cost
ENGINEERING TECHNOLOGIES AND ENGINEERING-RELATED FIELDS Bachelor's Degree 43 $152,876
4 year cost
Civil Engineering, General Bachelor's Degree 36 $152,876
4 year cost
Computer Science Bachelor's Degree 35 $152,876
4 year cost
Interior Architecture Bachelor's Degree 19 $152,876
4 year cost
Electrical and Electronics Engineering Bachelor's Degree 18 $152,876
4 year cost
Information Technology Bachelor's Degree 15 $152,876
4 year cost
Construction Management Bachelor's Degree 13 $152,876
4 year cost
Bioengineering and Biomedical Engineering Bachelor's Degree 11 $152,876
4 year cost
Illustration Bachelor's Degree 10 $152,876
4 year cost
Computer Engineering, General Bachelor's Degree 10 $152,876
4 year cost
Manufacturing Engineering Technology/Technician Associate's Degree 10 $76,438
2 year cost
Business Administration and Management, General Bachelor's Degree 9 $152,876
4 year cost
Psychology, General Bachelor's Degree 8 $152,876
4 year cost
Physics, General Bachelor's Degree 3 $152,876
4 year cost
Speech Communication and Rhetoric Bachelor's Degree 3 $152,876
4 year cost
General Studies Associate's Degree 3 $76,438
2 year cost
Mechanical Engineering/Mechanical Technology/Technician Associate's Degree 2 $76,438
2 year cost
Construction Engineering Technology/Technician Associate's Degree 2 $76,438
2 year cost
Molecular Biology Bachelor's Degree 2 $152,876
4 year cost
Mathematics and Computer Science Bachelor's Degree 1 $152,876
4 year cost
Chemistry, Other Bachelor's Degree 1 $152,876
4 year cost
Physics, Other Bachelor's Degree 1 $152,876
4 year cost
Mechanical Engineering Bachelor's Degree 1 $152,876
4 year cost
Industrial Engineering Bachelor's Degree 1 $152,876
4 year cost
Engineering/Industrial Management Bachelor's Degree 1 $152,876
4 year cost
English Language and Literature, General Bachelor's Degree 1 $152,876
4 year cost
Humanities/Humanistic Studies Bachelor's Degree 1 $152,876
4 year cost

About Lawrence Technological University

Lawrence Technological University is a four year private college located in Southfield, Michigan.  Full time enrollment is 1,483 and part time is 2,825.  For the 2011/2012 school year, the school received 1,713 applicants. 874 were admitted and 269 enrolled.

Students attending this school may pursue both undergraduate and graduate degrees.

Learn more about Lawrence Technological University at CollegeSimply.

  • Address
  • Lawrence Technological University
  • 21000 West Ten Mile Road
  • Southfield, Michigan
  • 48075-1058

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Calculators

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